11. Warren Buffett
Model: Bombardier Challenger
Cost: $26 million*
Net Worth: $84 billion*
Private jets aren’t exclusive to celebrities that want to post about them on Instagram. Billionaire businessmen also like to enjoy the spoils of their labor, including Warren Buffett. A man in Buffett’s position needs to be able to travel at the drop of a hat, so owning a $26-million Bombardier Challenger is more a necessity than a luxury. The Berkshire Hathaway CEO told Forbes that owning a private plane simply makes his life easier.
Buffett has owned his Challenger for almost 30 years, using it for both important business trips and vacations. The 89-year-old investment pro isn’t getting any younger, so comfort is a big deal to him. Can you imagine being that age and sandwiched between two complete strangers on a five-hour flight? If you’ve got it, you may as well flaunt it – or in this case, spend it.